How will the Inflation Reduction Act impact the clean energy sector?

The Inflation Reduction Act is on its way to the House for voting (likely to pass) — before making its way to Biden for signing. The bill has major implications for the clean energy sector… $370B over 10 years will be available for climate and clean energy investments — estimated to reduce U.S. carbon emissions…

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The bear case for oil: a recession

European doomsday scenario averted. Russia turned back on the Nord Stream 1 pipeline, and oil prices have fallen below $100 a barrel again. What’s the big deal? On July 11, the Nord Stream 1 pipeline went down for maintenance, and investors were worried Russia would keep it shut down. That would have sent oil prices…

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Caps on Russian oil threatens to send oil prices skyrocketing

G7 economies are floating the idea of capping the price of Russian oil. Some analysts quickly dismiss the idea — while Russia is warning that these moves could bring oil prices even higher. What’s the big deal? A boycott of Russian oil has done little to stop the Ukraine invasion. Russia’s Deputy Prime Minister Alexander…

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Warren Buffett buys the recent dip in oil prices

Are those falling oil prices you’ve seen in recent weeks here to stay? Don’t get too comfortable… Brent crude oil prices fell 11% recently but started climbing this week. Like usual, supply issues are at the center of the rise. On Monday, the United Arab Emirates and Saudi Arabia told Biden they’re already pumping at…

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What can investors expect next for record oil prices?

Nearly halfway through the year, energy is still the only S&P 500 sector up in 2022. The S&P 500 Energy Sector is up 58% in 2022, and 4 of the 11 main S&P 500 sectors are down over 20%. High oil prices summarized… 1/ Setting the industry up: The industry underinvested in oil production during…

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Energy prices continue to rise and there’s little we can do

According to AAA, average U.S. gas prices continued breaking all-time highs — reaching $4.622 a gallon yesterday. What’s the big deal? Rising oil and gas prices are hitting consumer wallets and threatening global growth — in a never-ending nightmare. In April, oil prices took a break from their rapid ascend when Shanghai went into lockdowns….

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Investment great Warren Buffett loads up on Occidental Petroleum

Investment Great Warren Buffett continues to add Occidental Petroleum (NYSE:OXY) to his holding company Berkshire Hathaway — bringing its Occidental ownership to 15.3%. $OXY is up 133% in 2022, and Berkshire’s move continues to drive up its price. Berkshire also owns 84M stock warrants, allowing them to buy more shares at a set price. If…

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The common theme among top-performing stocks in the S&P 500

The top-performing S&P 500 stocks of 2022: Occidental Petroleum (+99%), Valero Energy (+57%), Coterra Energy (+54%), Marathon Oil (+48), Halliburton (+46%) and Hess Corp (+44%). The common theme among them: Oil and energy. What’s the big deal? Since oil prices plunged at the start of COVID, prices have rebounded over 4x — with strong returns…

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Oil markets in limbo after massive spike

Oil prices have fallen over 20% in the past week after a massive spike that briefly brought it above $130. What’s the big deal? Cease-fire negotiations and COVID lockdowns in China put a lid on rising oil prices — but oil markets are still in crisis mode with two big uncertainties: How will the war…

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Oil is the investment that keeps on pumping

Oil continues to be the investment that keeps on pumping with oil prices rising as high as $105 in recent weeks. In 2022, the SPDR S&P 500 Oil & Gas Exploration ETF (NYSE:XOP) is up 19%. What’s the big deal? Sanctions on Russian oil — seen as a last resort — could trigger even higher…

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